Amazon has revealed very good results for the last quarter of 2020. With a quarterly turnover of 125.6 billion dollars, the e-commerce giant finished well a year 2020 out of the standards in all respects. The health crisis has not affected the good health of Jeff Bezos’ company.
The group’s market capitalization has exceeded $ 1.5 trillion. It could have done even better if the stock markets hadn’t been disrupted by the GameStop affair. An Amazon share that, since its IPO in 1997, has seen its value increase by 226,500%!
24 years after this IPO, Amazon is playing with the big boys more than ever and has no intention of stopping there. For the first quarter of 2021, the company already expects a 33% to 40% increase in sales compared to 2020. Analysts are also encouraging comprehensive buying.
How to invest in Amazon?
Amazon shares are one of the top stocks on the NASDAQ 100 along with other digital giants, called GAFAM. Together, these five companies account for half the weighting of the US High-Tech Index. The trend is decidedly bullish over the long term for Amazon stocks, although some volatility may still affect equity markets.
Investing through low-risk CFDs is an attractive option given the group’s good situation and Amazon’s share price. CFDs on shares allow you to make a profit in the event of a rise as well as a fall. Of course, you have to know how to anticipate market changes. A stock like Amazon, which appears poised to experience a fairly long uptrend, may be suitable for this type of reversal.
Invest in Amazon Stocks: Limited Risk CFDs
To buy Amazon shares via CFDs, you have to go through an online broker. The latter must have regulations in the European Union, in case it operates in one of the EU countries.
To invest in Amazon stocks, you must do the following:
– Open an account with the online broker
– Credit this account
– Find Amazon stocks in the trading interface
– Buy Amazon shares with or without leverage using CFDs.
– Remember to specify your stop loss level and take profit before placing your buy order.
– For more information, read this complete guide to buying Amazon stocks.
And there you have it, you’ve invested in Amazon!
What is the future of Amazon?
The latest solid results released by Amazon have seen the company’s iconic founder, Jeff Bezos, seize the perfect timing to announce his retirement from top management. His departure will be effective from the third quarter of 2021. Jeff Bezos will assume the chairmanship of the board of directors and will be replaced as director of Amazon by Andy Jassy, the current director of the cloud computing subsidiary AWS.
For his part, Jeff Bezos will keep a close eye on his first baby while he goes about his other activities and businesses; in particular his company dedicated to private space, Blue Origin. Activities that investors should follow with interest. A Jeff Bezos success in the space sector could have a significant impact on Amazon’s stock going forward.